General Discussion Banter GLN, page-15651

3000t of LCE.

You are drinking the coolaide.

No one is going to buy and transport liquid sc6 totes when they can transport sc6 ore.

The economics of this have been done in the past and dont stack up.

Let alone in a depressed market.

China is currently shipping sc4 snd dso from Africa.

Add on top of that an mou only for export rights, no eia and even worse caught up in a salar wide eia requirement with other projects and you can see some of the issues that will take years to sort out.

Management were too rushed trying to chase the price cycle, came up with a high cost solution to stay in the game but price has caught them out like everyone.

They know it you can see it in their desperation.

ALB are cutting back capital and operations but the likes of ltr are trying to start up at >$2k aisc for years destroying shareholder capital and others mothballing.

Desperation is everywhere atm and some of these startups management teams should be ashamed of themselves for their reckless treatment of investor capital ahead of their own interets.